Kawasaki reports reduced fiscal-year sales, net income
May 1, 2009
Filed under Features
Kawasaki Heavy Industries’ (KHI) consumer products and machinery division, which includes powersports vehicles, reported a 22 percent decrease in sales for its recent fiscal year.
Sales in the consumer products and machinery division totaled $3.4 billion for the fiscal year.
Overall, KHI’s net sales of $13.6 billion represented a nearly 11 percent drop from the year-ago period. The company’s net income of $119 million dropped more than 66 percent from the year-ago period.